What is the global market size of Hernia Repair Devices Market?

Hernia Repair Devices Market size was valued at USD 4.48 billion in 2021 and is poised to grow from USD 4.61 billion in 2022 to USD 6.02 billion by 2030, at a CAGR of 3.0% during the forecast period (2023-2030).

Who are the key vendors in the Global Hernia Repair Devices Market?

Leading multinational corporations have established strong brand identities and offer a wide range of hernia repair products, including meshes, surgical instruments, and other related devices. They invest heavily in research and development to introduce innovative solutions that improve patient outcomes and address unmet needs in hernia repair. In addition to established players, the market also witnesses the presence of smaller regional and niche players. These companies often specialize in specific product segments or focus on catering to niche markets. They play a significant role in driving innovation and offering specialized solutions tailored to specific patient requirements. Collaborations, partnerships, and strategic acquisitions are common strategies employed by companies to strengthen their market positions. These initiatives help in expanding product portfolios, accessing new markets, and leveraging complementary strengths. Moreover, companies actively engage in marketing and promotional activities to increase product visibility and market share. 'Medtronic (Ireland)', 'Johnson & Johnson (US)', 'B. Braun Melsungen AG (Germany)', 'C.R. Bard, Inc. (US)', 'W. L. Gore & Associates, Inc. (US)', 'Cook Medical (US)', 'Baxter International Inc. (US)', 'Ethicon, Inc. (US)', 'Integra LifeSciences Corporation (US)', 'Medline Industries, Inc. (US)', 'Olympus Corporation (Japan)', 'CooperSurgical, Inc. (US)', 'Boston Scientific Corporation (US)', 'Allergan (Ireland)', 'Endo International plc (Ireland)', 'Teleflex Incorporated (US)', 'Atrium Medical Corporation (US)', 'Herniamesh S.r.l. (Italy)', 'Cousin Biotech (France)', 'Aspide Medical (France)'

What is the key driver of Global Hernia Repair Devices Market?

The aging population is more susceptible to hernia conditions, leading to a higher demand for Hernia Repair Devicess. As the global population continues to age, the prevalence of hernia is expected to increase, driving the demand for Hernia Repair Devicess.

What is the key market trend for Global Hernia Repair Devices Market?

Several key market trends are shaping the global hernia repair market. Firstly, there is a growing demand for minimally invasive procedures. Techniques such as laparoscopic and robotic-assisted surgeries are gaining popularity due to their advantages, including reduced post-operative pain, faster recovery times, and minimal scarring. These procedures offer improved patient outcomes and are expected to witness continued adoption. Another significant trend is the development of innovative hernia repair materials and devices. Manufacturers are focusing on creating advanced meshes and biologic materials that enhance tissue integration, reduce complications, and provide long-term durability. The introduction of bioabsorbable and composite meshes is also gaining traction, as they offer improved flexibility and ease of use.

Which region accounted for the largest share in Hernia Repair Devices Market?

North America dominated the global Hernia Repair Devices market. The region has a well-established healthcare infrastructure, high healthcare expenditure, and a large patient population. Moreover, the presence of major market players and extensive research and development activities contribute to North America's dominance. The region benefits from advanced surgical techniques, a strong regulatory framework, and reimbursement policies, facilitating the adoption of innovative hernia repair products. North America is characterized by a high demand for minimally invasive procedures and technologically advanced hernia repair devices, such as robotic-assisted surgical systems. The dominating segment in North America is likely to be the inguinal hernia repair segment, given the high prevalence of inguinal hernias in the population.

Hernia Repair Devices Market Analysis

Hernia Repair Devices Market Dynamics

Hernia Repair Devices Market Drivers

Growing Reported Cases of Hernia

Treatment for hernias needs medical and surgical intervention. A hernia occurs when an internal organ, or a portion of the organ, exits through a defect in the muscle or tissue wall that surrounds it. Presence of hernia types such as inguinal, femoral are increasing which is in turn rising the end-user demand for these equipment’s and expected to drive global hernia repair devices market growth over the forecast period.

Growing Geriatric Population as They are the Target Consumers

Most patients are over the age of 55 years as the risk of health problems and normal muscle breakdown increase with age. The global hernia repair device market is forecast to observe a positive CAGR during the forecast period. The rising prevalence of hernias can be attributed to the aging population, rapid lifestyle transitions, and high obesity prevalence.

Hernia Repair Devices Market Restraints

Unfavorable Approval Process

Hernia repair device R&D is extremely expensive, and this is expected to hamper the expansion of market. A producer is required to first meet various clinical, as well as regulatory conditions before being able to launch a device into the market for the repair of a hernia. Because the development and approvals timelines are so long, medical equipment manufacturers are stuck having to keep the hernia repair devices covered or extremely expensive.

High Cost of Treatment

Expensive hernia repair treatments and poor reimbursement policies are expected to hamper growth of the hernia repair devices market soon. High cost of hernia repair procedures, alternative availability in the market of non-mesh repair, and additional cost burden associated with hernia repair surgeries may restrain the global hernia repair devices market. This is expected to be challenging for the growth of the hernia repair devices industry.

FAQs

Hernia Repair Devices Market size was valued at USD 3.8 Billion in 2023 and is poised to grow from USD 3.95 Billion in 2024 to USD 5.3 Billion by 2032, growing at a CAGR of 3.9% during the forecast period (2025-2032).

The hernia mesh devices market is moderately concentrated with the presence of some of the long-standing multinationals coupled with the non-established player. The market is monopolised by major companies, with leaders possessing technological prowess, wide-market distribution and high R&D investments. The key players dominating the hernia repair devices industry includes Johnson & Johnson Services, Inc., C. R. Bard, Inc., W. L. Gore & Associates, Inc., Atrium Medical (Getinge Group), LifeCell, B. Braun SE, Baxter, Cook, Herniamesh S.r.l. Emerging companies bring new solutions and competition to the marketplace. Regulatory Standards and Clinical Needs drive the demand for product development. 'Ethicon Inc. ', 'AbbVie Inc. ', 'Medtronic PLC ', 'Becton, Dickinson and Company ', 'Baxter International Inc. ', 'B. Braun SE ', 'W. L. Gore & Associates ', 'Cook Group Inc. ', 'Integra LifeSciences Holdings Corporation ', 'The Cooper Companies, Inc. ', 'H.B. Fuller Company ', 'Advanced Medical Solutions Group PLC ', 'Teleflex Medical OEM ', 'Meril Life Sciences Pvt. Ltd. ', 'TELA Bio, Inc. ', 'Cousin Biotech ', 'Atrium Medical Corporation ', 'Herniamesh S.R.L ', 'GEM SRL ', 'Assut Europe S.P.A. ', 'Dolphin Sutures ', 'Demetech Corporation '

Growing Demand for Minimally Invasive Surgery: Technical advancements along with the need for minimally invasive surgical procedures have broadened the application of surgical devices and fuelled market growth and are expected to offer opportunities to the industry. Due to its minimally invasive nature, less discomfort, lower rate of complications, and shorter hospital stay, it has gained popularity over the years.

North America is dominating with the largest hernia repair devices market share. The high demand of hernia repair devices in North America is due to sedentary lifestyles, rising geriatric population and high recurrence of hernia. In addition, the increasing healthcare expenditure and quick FDA approvals are supporting the growth of the market in the region. Citing data through the National Center for Biotechnology Information, the U.S. had the highest overall counts of ventral and incisional hernia in the month of March 2023. Globally, 20% of adults suffer from ventral hernias, and incisional hernias occurs in nearly 30% of midline abdominal incisions.